Bayesian Interpretation

Bayesian probability is one of the different interpretations of the concept of probability. The Bayesian interpretation of probability can be seen as an extension of propositional logic that enables reasoning with hypotheses, i.e., the propositions whose truth or falsity is uncertain.Bayesian probability belongs to the category of evidential probabilities; to evaluate the probability of a hypothesis, the Bayesian probabilist specifies some prior probability, which is then updated in the light of new, relevant data (evidence). The Bayesian interpretation provides a standard set of procedures and formulae to perform this calculation.

… Why does Google show a 4.8 rating when I have all 5 Star reviews? It is a question that comes up repeatedly on my blog and in the forums. Google, on their help page says: We calculate an overall rating based on user ratings and a variety of other signals to ensure that the overall score best reflects the quality of the establishment…